Dick's Sporting Goods, Inc. (DKS) Misses Q2 EPS by 5c; Comps up 1.2%
Dick's Sporting Goods, Inc. (NYSE: DKS) reported Q2 EPS of $0.71, $0.05 worse than the analyst estimate of $0.76. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.58 billion.
Adjusted for the shifted calendar due to the 53rd week in 2012, consolidated same store sales decreased 0.4%, compared to the Company's guidance of an approximate 2 to 3% increase. Second quarter 2012 consolidated same store sales increased 3.8%. Shifted same store sales in the second quarter of 2013 for DICK'S Sporting Goods increased 0.1% while Golf Galaxy decreased 6.1%.
Unshifted consolidated same store sales increased 1.2%, compared to the Company's guidance of an approximate 3.5 to 4.5% increase. Unshifted same store sales in the second quarter of 2013 for DICK'S Sporting Goods increased 1.9% while Golf Galaxy decreased 7.2%. eCommerce penetration was 5.6% of total sales.
Dick's Sporting Goods, Inc. sees FY2013 EPS of $2.60-$2.65, versus the consensus of $2.83. Sees comps down 2 - 3 percent.
Dick's Sporting Goods, Inc. sees Q2 2013 EPS of $0.37-$0.39, versus the consensus of $0.47. Sees comps down 2 - 3 percent.
For earnings history and earnings-related data on Dick's Sporting Goods, Inc. (DKS) click here.
Adjusted for the shifted calendar due to the 53rd week in 2012, consolidated same store sales decreased 0.4%, compared to the Company's guidance of an approximate 2 to 3% increase. Second quarter 2012 consolidated same store sales increased 3.8%. Shifted same store sales in the second quarter of 2013 for DICK'S Sporting Goods increased 0.1% while Golf Galaxy decreased 6.1%.
Unshifted consolidated same store sales increased 1.2%, compared to the Company's guidance of an approximate 3.5 to 4.5% increase. Unshifted same store sales in the second quarter of 2013 for DICK'S Sporting Goods increased 1.9% while Golf Galaxy decreased 7.2%. eCommerce penetration was 5.6% of total sales.
Dick's Sporting Goods, Inc. sees FY2013 EPS of $2.60-$2.65, versus the consensus of $2.83. Sees comps down 2 - 3 percent.
Dick's Sporting Goods, Inc. sees Q2 2013 EPS of $0.37-$0.39, versus the consensus of $0.47. Sees comps down 2 - 3 percent.
For earnings history and earnings-related data on Dick's Sporting Goods, Inc. (DKS) click here.